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Tuesday, August 21, 2012

Bungling Billionaires Exposed: 11 a.m. — Tuesday, August 21 Where: St. Francis Yacht Club 99 Yacht Rd., San Francisco


‘Save Our State from the Bungling Billionaires’
Nurses, Teachers, Scour Yacht Club Tuesday to Expose Secret Wealthy Donors to Anti-Prop. 30 Campaign

SAN FRANCISCO-California nurses, teachers, and responsible business individuals will pay a visit to the posh St. Francis Yacht Club on the aptly named Yacht Road in San Francisco Tuesday in what promises to be a colorful event to shine a spotlight on the secretive wealthy donors who are bankrolling the campaign to defeat Proposition 30.

The Tuesday action will include a yacht, SOS life rings, and actors playing the role of the  four mega-rich venture capitalists who recently formed a committee deceptively named “Californians for Reforms and Jobs Not Taxes Campaign” to defeat Proposition 30 on the November ballot.

Committee members include Floyd Kvamme, GOP donor and part of a committee fined by the Federal Elections Committee after the 2004 election; David Marquardt and Mark Stevens, venture capitalist donors to Mitt Romney and George W. Bush; and John Cox, fringe candidate for president in 2008, whose PAC has taken money from Phillip Morris.

What:         Bungling Billionaires Exposed:
When:                    11 a.m. — Tuesday, August 21
Where:                  St. Francis Yacht Club
                           99 Yacht Rd., San Francisco

“These amateur multimillionaires are playing with our state's future like they play with their yachts and other toys,” said Malinda Markowitz, RN, and a co-president of the California Nurses Association/National Nurses United. “Why are they funneling hordes of cash against a campaign to protect our schools, our healthcare safety net, and other vital California services simply to avoid paying a little more of their fair share?”

"For me, an extra 2 percent or 3 percent in taxes is not going to make a bit of difference in the way that I live,” said Frank Jernigan, a retired Google software engineer and member of the Patriotic Millionaires for Fiscal Strength. “But by bringing billions of dollars in new revenues to California for public schools and safety, Prop. 30 will make a tremendous difference in the lives of many."

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